Stayzilla Founder Yogendra Vasupal gets out of jail after 30 days

Friday, April 14, 2017, 9:16 AM

Yogendra Vasupal, co-founder and CEO of Stayzilla, which shut down a couple of months ago, got out of jail yesterday. He had been granted bail a couple of days earlier on a surety bond of $62,000 deposited with the Madras High Court in Chennai. In the financial year ending March 2016, Stayzilla had losses of $14 million against a revenue of $2 million.